Pi Coin (PI) developers have released a detailed update outlining the roadmap for their Mainnet migration, while also offering an in-depth explanation of the project’s tokenomics and supply structure.

Pi Coin is trading 79% lower than its all-time high price set 2 months ago. It’s also important to be careful about the ongoing Ponzi scheme allegations surrounding the coin.

According to the developers, unlike traditional cryptocurrency projects that usually distribute coins via simple airdrops, the Pi Network’s migration is a much more complex process. The network aims to fairly and securely migrate tens of millions of users, or “Pioneers,” based on data collected through years of mobile mining. According to the developers, over 12 million Pioneers have already been successfully migrated to the Mainnet.

The initial goal was to migrate at least 10 million users before launching Open Network, but developers noted that many users will continue to migrate even after Open Network goes live.

The Pi Core Team has outlined a structured roadmap focused on three main transition phases:

• Completing the First Migrations: The network is currently focused on completing the first batch of migrations, which include verified core mining rewards, Security Circle rewards, lockup bonuses, utility usage rewards, and verified node rewards.
• Second Passes with Referral Bonuses: Second passes will begin once the first passes are complete. These will primarily include referral mining bonuses earned from team members who pass KYC.
• Ongoing Periodic Migrations: The final phase will feature regular migrations (likely monthly or quarterly) across all reward types to ensure long-term scalability.

The developers argued that the balance displayed in the users’ interface (Transferable Balance) is a simplified estimate. The actual balance carried over involves deeper calculations that may take longer to process, given the entire mining history of each user.

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As the transition process continues, developers have provided information about Pi’s tokenomics. Here are the details, according to the developers:

• Maksimum Arz: Pi, aşağıdaki şekilde tahsis edilen sabit bir maksimum 100 milyar token arzına sahip:
  • For 65% community mining rewards
  • 10% for foundation reserves
  • For 5% liquidity
  • 20% for Core Team

These rates will remain consistent over time, tracking the pace of Mining Rewards being moved, allowing the Effective Total Supply to scale proportionally. For example, if 1 billion Pi tokens were moved, the Effective Total Supply would be approximately 1.538 billion tokens (calculated as 1B ÷ 65%).

*This is not investment advice.

Continue Reading: Pi Coin (PI) Developers Release Update on Token Distribution, Mainnet Migration and Future of the Network